Federal Approval

November 4, 1985|By Susan G. Strother

Clearwater Federal Savings Bank received regulatory approval from the federal government and has decided to open its headquarters in a new shopping center in the fall of 1986. The two top officers, chairman Edmund S. Whitson Jr. and president William Overton, helped found Life Savings & Loan, also of Clearwater. Said Whitson: ''. . . unlike most banks, our president's office will be right out in the lobby, not in a suite in the top of a glass tower.''